Coverage for your facility

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There are several things that make the self storage business different from other businesses. Deans & Homer offers several important insurance coverages in our self storage policy that are not found in other policies.

Customers Goods Legal Liability is one of these specialized coverages. Even though a self storage operator is not held to the same standard of responsibility as a warehouseman for a customer's stored property, an operator can sometimes be held liable for loss to customers' property. This liability exposure is excluded by most standard small business policies. Coverage is provided by our policy and includes defense and legal costs. Limits are available up to $1,000,000.

Another specialized coverage offered through Deans & Homer is Sale and Disposal Liability Coverage. The law of most states recognizes the self storage operator's right to take possession of and sell a customer's property if the customer fails to pay rent for the storage unit. However, if the self storage operator does not follow all of the proper legal steps of notification and sale according to the law, the operator can be held liable for damages. This is a growing area of litigation in the self storage industry, and due to the wide range of goods stored, the penalties for conversion can be high. Limits are offered for this coverage up to $1,000,000.

These are just two of the specialty coverages available in our Self Storage Policy. For more complete information, please review the policy form.